Guideline Value for Thaalur Avenue

Thaalur Avenue guideline value

The current guideline value of Thaalur Avenue is Rs 650 per sq.ft, effective from 1 July 2024. This street is located in Thachoor_2 village under the Ponneri SRO, and the land classification is Commercial Special Type - IV.

How the guideline value of Thaalur Avenue has changed

The guideline value for Thaalur Avenue has remained consistent at Rs 650 per sq.ft for the 2023 and 2024 revisions. The register has no figure for this street for the years 2017, 2012, 2007, 2003, and 2002.

In the 2024 revision, the guideline value is Rs 650 per sq.ft, which shows no change from the 2023 revision. The absence of figures in earlier revisions indicates that the guideline value for this street has not been recorded in those years.

Guideline values in Thachoor_2

In Thachoor_2, there are 40 streets under the Ponneri SRO that carry a 2024 guideline value ranging from Rs 202 to Rs 1,800 per sq.ft. The median value is Rs 600 per sq.ft, placing Thaalur Avenue's 2024 figure above that median.

• Sri Vignesh Nagar: Rs 400 per sq.ft (2024)
• Sri Velmurugan Nagar: Rs 400 per sq.ft (2024)
• Srivaru Nagar: Rs 600 per sq.ft (2024)
• Sri Sai Nagar: Rs 400 per sq.ft (2024)
• Sri Durgai Amman Nagar: Rs 400 per sq.ft (2024)
• Sri Devi Gayathri Nagar: Rs 400 per sq.ft (2024)

Stamp duty and registration fee for property in Thaalur Avenue

For a 1,000 sq.ft plot at the current rate, the guideline value is Rs 6,50,000. The stamp duty at 7% would be Rs 45,500, and the registration fee at 2% would be Rs 13,000, totaling Rs 58,500. Duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Thaalur Avenue?

The Sub Registrar Office that covers Thaalur Avenue is the Ponneri Sub Registrar Office, located at 9/5, Taluk Office Road, Ponneri, Chennai-601204. You can find your SRO for more information.

How the guideline value is used when you buy or sell in Thachoor_2

The guideline value is a crucial factor during property registration in Thachoor_2. It determines the minimum value at which a property can be registered and is used to calculate stamp duty and registration fees.

When buying or selling property, the guideline value ensures that the transaction is recorded at a fair value as determined by the government. This helps maintain transparency and prevents undervaluation of properties.

Frequently asked questions

What is the current guideline value of Thaalur Avenue?

The current guideline value of Thaalur Avenue is Rs 650 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Thaalur Avenue has been Rs 650 per sq.ft for both the 2023 and 2024 revisions. There are no figures available for the years 2017, 2012, 2007, 2003, and 2002.

What is the land classification for Thaalur Avenue?

The land classification for Thaalur Avenue is Commercial Special Type - IV, indicating its use for commercial purposes.

What are the stamp duty and registration fees for property in Thaalur Avenue?

For a property valued at Rs 6,50,000, the stamp duty would be Rs 45,500, and the registration fee would be Rs 13,000, totaling Rs 58,500. These fees are based on the guideline value or the sale price, whichever is higher.

Where is the Sub Registrar Office for Thaalur Avenue located?

The Sub Registrar Office for Thaalur Avenue is the Ponneri Sub Registrar Office, located at 9/5, Taluk Office Road, Ponneri, Chennai-601204.